global shares take a dive as the u.s. china trade what escalates more regulate her tariffs including american agricultural exports beijing takes that to speech to the world trade organization. also coming up fifty years since the assassination of martin luther king jr the disappointing economic opportunities for black americans. and how billions of euros an e.u. funds end up in criminal hands in slovakia. this is your business update on how to have free in berlin thanks for joining me markets plunged in the united states at the opening on wednesday spooked by the words trade war that despite the fact that u.s. president donald trump says his country is not in a trade war with china he says that war was lost many years ago by the foolish or incompetent people he represented the united states that still he's doing his best to stoke tensions announcing new duties on

a whole range of tech products and as feared china has retaliated. american soybean farmers need china the vast country bias thirty percent of their produce it has a huge park in a stream and we've had on soybeans that beijing has included soybeans on its list of punitive tariffs to encourage chinese pig farmers to buy elsewhere trying to fight back by targeting very specifically industries that the focus of the voter base that truck is seeking to appeal to the soyuz produced in states such as this constant in wyoming with a strong republican voter base just this tract of chinese tariffs not one point seven billion dollars off u.s. soybean futures on wednesday shanghai residence cement impressed by the dispute. i saw on the internet that we should boycott american goods probably well i can't speak clearly it will affect prices like on the imported goods we use in our daily

lives but it won't have a major effect on our daily individual life i think those products aren't in huge demand that. chinese officials are wondering why the u.s. is spoiling what they call a mutually beneficial trade relationship for u.s. president donald trump the tariffs are a way of putting pressure on beijing he wants china to give up the benefits and protectionist measures it claims as a developing nation and known up to its status as a world trade heavyweight. and our financial correspondent so fisherman is a new york we can speak to had now sophie which shares especially being affected by these tit for tat measures and all investors now bracing themselves for a lengthy battle for w t o involvement what's the scenario. well it would definitely hit

a very high profile stocks in companies like boeing for example but what's really interesting to watch right now is the market's reaction it was a very volatile day the intraday swings of the dow jones were as high as seven hundred points so a lot of emotions as well and i think this volatility can be explained by the fact that some investors simply saw a buying opportunity to these relatively low prices so it doesn't mean that these concerns are gone but for now the investors seems seem to be looking on the bright side of things here trump announced to be a little bit softer on nafta renegotiations so there is a lot of reason right now to be optimistic here in the markets although it might be hard to understand where we look back to the last days all right well let me dashed some of the optimism sophie because facebook has just said that eighty seven million users in fact have been affected by the cambridge analytical breach

significantly higher than the fifty million that we first heard about what is that doing to the company's share price and of course all the tech firms which deal with people's data. well it's certainly not helping has another stop is deep and correction territory and facebook was one of the best performing stocks during the past year before the scandal broke the investment bank morgan stanley kept its price target on facebook shares to two hundred dollars down from two on the thirty dollars and the scandal could lead to more government regulation and a d. chris decrease in daily active users and this is definitely a key metric for the company would say again would have a negative impact on the company's sales for now the stock seems to be caught in a downward spiral and certainly other tech companies joggling with the user data are concerned as well that the regulatory environment will happen for them and all

and all at the same time uses data will hopefully be better protected in the future so there's a good side to this so if you should musky ownable street first. ready misses an opportunity to take credit for the rise in employment among black americans in the economic situation has improved the study showed black workers are still chronically under-represented and high salaries. even the american flag is in tatters here this is a black neighborhood in memphis tennessee the city where martin luther king was assassinated fifty years after his murder black people here earn forty eight cents for every dollar a white american makes. people are working they're spending all their lives and they're spending all these hours but they're not getting out of poverty they're still in poverty so i don't know that i would say it is better that people are working. it's

a way slavery. despite improvements in education blacks get less access to economic opportunities experts say they attract in structural inequality. nationally i mean more money i have and i only thing i'm. trying to fight. like you. have a very. it's five decades since martin luther king was murdered and for many here his struggle for economic justice has not yet been won. he has sold back in journalist investigating corruption and his fiance has sparked outrage so it's a cost to shatter the eastern european countries a place to do business the kinds of corruption of all criminal gangs politicians and cultural funds farmer your i bet ash was badly beaten up along the struck he brought the printed smartphone pictures with him as evidence the

competitors sent a group of armed thugs cut down his rapeseed and drove the fifty eight year old off the land he had leased state owned fields he'd farmed for decades his rival obviously had good connections to the local authorities his leasehold was canceled from one day to the next and transferred to his attacker. there's a lot of money at stake. today most likely we're only interested in getting their hands on the e.u. subsidies but a lot of these love him better ash says organized crime gangs in eastern slovakia are taking over huge areas of arable land to become eligible for millions of euros in e.u. subsidies every year he says he knows of thirty other farmers who contribute away by violence and blackmail so far you're right paresh is the only one brave enough to come forward and talk about it publicly the police and justice ministry have been informed but slovakian authorities remain unresponsive. who

have so much power and influence they can manipulate the police they exert influence over administrative authorities and also manipulate the agency which distributes you subsidies. this is the corrupt swamp that journalist john korczak was investigating before he and his girlfriend were shot dead. a tragic wake up call for slovakians. in the eastern slovak city of course it's our demonstrators now rally in the streets every friday they're protesting against a corruption and bribery since korczak was murdered a steady string of corruption cases has been emerging into the open. in this public discussion amongst academics a lot of the participants insist that although slovak is a condom is booming the rule of law in the country is weak. and

it's about changing the atmosphere about that turning slovakia into a polite country where where people have their rights accepted to where where we don't see corruption your i bet ash won't give up the fight for his fields he hopes the current protests will bring about change he doesn't expect help from the e.u. fighting corruption is a sovereign task for slovakia authorities the fessor it trade from london to amsterdam has completed its maiden journey it took less than four hours and from city center to city center it's actually just as fast as flying and with one way ticket starting at fifty five pounds it could be a game changer. the platform at london's simpang chris was mostly filled with officialdom just before the first amsterdam bound euro study pastored a low small party of tourists also managed to get on board for an on time departure . the london amsterdam route is year of stars first network

expansion since one thousand nine hundred ninety four when the trains began connecting various cities in france and belgium the amsterdam service is aimed at passengers who would normally fly. with look at our experience in other markets in paris and brussels you seem to the customer does value an alternative to what we see at the moment is the airlines having a stranglehold on this market so what customers are given to the city center to city said to have so fast it's great for trying you know with the table the response we get is yes. the customer is going to take it up the first train to amsterdam made it almost on time but return passengers to london face delays due to a train change in brussels the u.k. is not part of the e.u.'s passport free schengen zone and right now there are no separate international boarding areas in amsterdam and rotterdam making passport

control in brussels a must for u.k. bound passengers ok thanks for your company right now look at the wall clock.

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